The Netherlands
-
Prime Ventures has sold another €111m chunk of its stake in Takeaway.com, the Dutch online food ordering service, after the lock-up from its last block trade in March was waived several days early.
-
The Dutch State Treasury Agency will clear its interest rate swaps at the clearing arm of German derivatives bourse Eurex, it was revealed on Tuesday. -
Blackstone has cut its stake in Intertrust, the Dutch provider of trusts and fund services, after an accelerated bookbuild on Wednesday night.
-
-
A flash of public sector SRI bond issuance last week heated up on Monday, as Nederlandse Waterschapsbank found a strong reception for an affordable housing bond and Nordic Investment Bank prepared an environmental offering in a tenor that bankers said was attracting strong demand.
-
On Monday, Dutch car leasing company LeasePlan added a €500m fixed rate bond to its 2018 issuance tally, but found more limited demand than its previous deals.
-
A pair of supranationals helped bolster Hong Kong’s green bond ambitions with some SRI deals this week.
-
KommuneKredit took a novel approach to its sterling issuance on Tuesday, adding a switch operation to print its largest ever new issue in the currency. Bankers believe other issuers may use the tactic. Meanwhile, Bank Nederlandse Gemeenten (BNG) received less interest in a sterling trade of its own.
-
After several weeks of focusing on conventional bonds in core currencies, SSAs popped back into the socially responsible investments (SRI) market this week. Nederlandse Waterschapsbank (NWB) is laying the ground for an affordable housing bond in euros, while the European Investment Bank found a solid reception for a Climate Awareness Bond that came in rare seven year dollar form.
-
The Dutch Banking Association has responded to a European Commission consultation on the introduction of ‘Basel IV’, heaping criticism on the proposed introduction of a capital output floor.
-
-
The investment grade corporate euro bond market had shown a steady return to strength after Easter. It was then tested by eight deals in two days, but showed it was capable of absorbing such volume, and tighter spreads may even be on the cards as French aerospace and defence company Thales achieved the lowest new issue premiums for a month.
